AB InBev wants to actively take part in consolidation within the market

AB InBev, the world’s leading global brewer, intends to use cash generated through sales and cost cuts for acquisitions and organic growth, the group’s CEO Carlos Brito was quoted as saying. “Thanks to cost-cuts through synergies we aim to save $2.25 billion, significantly more than the $1.5 billion we originally expected to save,” Brito said. “We now want to grow and actively take part in consolidation within the market,” he added.